Leap, a new company under Solana Labs, launched a beta mobile app that lets users trade tokenized stocks, ETFs, metals, currencies and crypto in one place, around the clock and subject to restrictions. It is available in early access on iPhone via TestFlight, with Android coming soon, and is not offered in the U.K. or other restricted regions. Pitched as an alternative to fast meme coin trading, the app pins market-moving news to price charts, tracks profit and loss, and executes trades as onchain swaps routed through Jupiter. Leap charges no fees at launch but plans to use future fees to buy and burn SOL and fund a referral program, in which early Founders Club members would earn 30% of trading fees from users they invite. The launch comes as tokenized stocks gain traction, though 56 companies have objected to having their shares traded on the tokenized stock venue planned by OKX and ICE.
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Related tickers and likely impact
SOL/USDT
▲ Likely positiveSolana
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $56.3B |
| Close on 11/04/2026 | 95.61 |
| Change that session | +2.99% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
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SpaceX has objected to OKXICE's proposed listing of tokenized versions of its shares, according to a November 2 public notice from the venture of OKX and Intercontinental Exchange. It joins Tesla and Amazon among 56 companies objecting to such listings. Under the SEC's five-year Innovation Exemption introduced in September, platforms like OKXICE can offer tokenized US stock trading without registering as national exchanges, but companies have 30 days to object to tokens issued by third parties. Tokenized SpaceX shares have already traded heavily offshore since its June public offering, with Backpack's SPCX token recording $1.08 billion in onchain volume in June and Kraken's SPCXx $852 million, while Nasdaq warned that such trading could fragment liquidity.
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Six more companies, including Amazon, Tesla, SpaceX, Netflix, Lam Research and SoFi Technologies, have objected to OKXICE TSV trading their shares, according to an updated notice dated Nov. 2. The total has risen to 56, from nine on Oct. 15 and 50 in the Oct. 30 notice. Under the SEC's innovation exemption, a timely written objection bars the venue from listing a third-party tokenized version of that stock, though the objection applies only to that venue. Apple is one of the few megacap names still not on the list, and the venue can still list shares that issuers tokenize themselves.
- Microsoft, Nvidia, JPMorgan Among 50 US Giants Blocking Tokenized Shares on OKXICE
Fifty companies, including Microsoft, Nvidia and JPMorgan, have objected to tokenized versions of their shares trading on OKXICE. According to the article, timely objections block the affected third-party stocks.
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